Dell Technologies shares hit a record price amid a growing number of companies working on generative artificial intelligence applications.

Dell Stock Hits Record Price Amid Growth of Generative AI Developers

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The popularity of new artificial intelligence technology has given a positive boost to the values ​​of Dell, which recently launched personal computers focused on artificial intelligence and more powerful servers in collaboration with Nvidia, Reuters recalls.

Dell shares rose 6% to $162.82 on Friday evening, sending the company’s market value up to $6.6 billion. Since the beginning of the year, the company’s shares have more than doubled.

AI Rise Boosts Stocks and Other Companies: Nvidia (+1%), Qualcomm (+4%), Arm Holdings (+2.3%), C3.ai (+0.6%) and Palantir Technologies (+1.6%).

Author:

Ekaterina Alipova

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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